Daily trend of the market is up.
As the trend of the market is still up, so the readers who are long in Nifty since 20th March, may go on holding their longs till the trend remains in uptrend.
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Percentage above support
Percentage of stocks above support is above 50%. Long term investors who bought deliveries on 20th March may go on holding the deliveries till the percentage above support remains above 50%. We had recommended our Delivery Letter subscribers to buy some deliveries on that date and slowly we had been increasing the portfolio. The members are at present getting good returns which can be checked at the latest Delivery letter here.
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Strong Futures
This is list of 10 Strong Futures: Bhushan Steel,Havells,Bajaj Hind, JSW Steel,Penin Land, Tulip, Kesoram, Suzlon,HDIL & Stelite Inds
Weak Futures
This is the list of 10 Weak Futures: Steling Bio,Bpcl,Hind Petro,Hind Uni Lvr,Bata, BOI,Educomp,UBI,IOC & TTML.
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